[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
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  • 2023.03.27 17:10
  • [Fujian Quanzhou Petrochemical International Land Port Project Signed]
  • On March 24, 2023, the signing ceremony of Fujian Quanzhou Petrochemical International Land Port Project was held in Quangang District, Quanzhou City. Through the construction of three centers and one platform - petrochemical logistics multimodal transport center, petrochemical bonded logistics center, petrochemical logistics smart storage center and petrochemical industry one-stop supply chain service platform system, the project will create the country's first industrial international land port. This signing is a good start for the strategic cooperation between Quangang District and Fujian Land Port Group. It is an active docking of complementary advantages, mutual benefit and win-win between the two parties. It will definitely provide new impetus for the transformation and upgrading of Quangang petrochemical industry and provide new support for regional safety supervision , Inject new vitality into the development of the logistics industry, and have a milestone significance for the development of the petrochemical logistics industry. Editor / Zhao E
  • 2023.03.27 17:06
  • [China's first deep-sea floating wind power platform goes to sea]
  • On March 26, 2023, the MySE7.25-158 floating wind turbine, China's first deep-sea floating wind power platform, was towed to sea at Zhuhai Fluor Wharf, and will go to Wenchang, Hainan for installation and commissioning. This is the semi-direct-drive anti-typhoon floating wind turbine developed by Mingyang Intelligent after the world's first anti-typhoon floating offshore wind turbine. The installed capacity of MySE7.25-158 floating wind turbine is 7.25 MW, the design water depth is 120 meters, and the straight-line distance from the shore is 136 kilometers. Over 100 kilometers of double-hundred deep sea floating wind power projects. After the project is put into operation, the power generated by the wind turbines will be connected to the power grid of offshore oilfields through dynamic submarine cables for oil and gas production. The unit adopts Mingyang's self-developed deep-sea typhoon-resistant wind turbine and floating technology. Through the research and development of advanced semi-direct drive and floating control algorithm modules, it can adapt to complex wind, wave and current multi-field coupling environmental conditions. Thanks to the customized design of anti-huge waves and super anti-typhoon, the unit can resist up to 17 typhoons, the limit wind speed is once in 50 years, and the 10-minute average wind speed has exceeded 60m/s. In terms of power generation, a single unit can output 22 million kWh of clean electricity per year, saving nearly 10 million cubic meters of fuel gas. Editor / Zhao E